Question
Assets Current Assets $9,734 $8,839 Property, plant, and equipment (net) 1,958 1,891 Other assets 1,558 1,713 Total assets $13,250 $12,443 Liabilities and Stockholders' Equity
Assets Current Assets $9,734 $8,839 Property, plant, and equipment (net) 1,958 1,891 Other assets 1,558 1,713 Total assets $13,250 $12,443 Liabilities and Stockholders' Equity Current Liabilities $3,277 $3,322 Long-term liabilities 1,280 1,296 Stockholders' equity 8,693 7,825 Total liabilities and stockholders' equity $13,250 $12,443 Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.2%.)
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Survey Of Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt
2nd Edition
1119594537, 978-1119594536
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